Why We Suspended Business Activities Of POS Operators At SUB - OAU SU Welfare Officer

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The Students' Union of Obafemi Awolowo University has suspended the business activities of the Point Of Sales (POS) operators at the Union Building.

This was disclosed by the newly elected Welfare Director of the Students Union, Busari Samuel Timileyin during an interview with City Bearers News on Friday. 


He revealed that the suspension specifically targets POS vendors due to the complaint gotten from the students about exorbitant charges.

He also told City Bearer News that he had met with the POS operators on Friday and the meeting resulted in new agreed-upon charges: #50 for #1,000, #100 for #1,500 to #4,000, and #150 for #5,000. 


 According to him, "the suspension is for only POS vendors and not all commercial activities. We issued a letter yesterday, instructing the POS agents not to open their shop until they met with the welfare director today at 9 a.m. The suspension was prompted by numerous student complaints about exorbitant charges. 

"Specifically, they charged #100 for #1,000 withdrawals, unlike other POS shops that charge #50 for the same amount. We also discovered a maximum withdrawal limit of #3,000.

"We had a meeting with the vendors earlier today and it resulted in new agreed-upon charges: #50 for #1,000, #100 for #1,500 to #4,000, and #150 for #5,000. 

"The shop has reopened under these new terms. This agreement currently applies to SUB, but we plan to extend it to other campus areas soon.

"As the union leaders' residence, SUB must set an example and prevent student exploitation. We will meet with other POS stands on campus in the coming days to establish standardized charges."

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